Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:
1. Parliament will be dissolved and a snap election will be called 2. A state of Emergency in the whole country will be declared by YDPA 3. Muhyiddin will resign and YDPA will appoint an interim PM 4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.
Will the market go down? Will it crash? Take profit now or wait?
Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down
Will budget 2021 pass? Tengku Razaleigh and a few BN MPs refuses to support the budget, if Budget fails, market will crash? Buy now or sell? How? If budget fails, parliament dissolve? market crash?
hlcap and hlfg are under hong leong company. Why hl cap price is much lower if compared to hlfg but i see the dividend of hl cap is higher. Does that mean hl cap is more worth to invest?
Banks are typically valued on it's net worth book value. HLFG's historical 10 year average PB is at 1.1x. Assuming a reversion to historical average PB.. HLFG is worth at least 21 /share to me. Steady compounder for those who can see. Only 3 banks in Malaysia consistently achieving ROE more than 10%. HLFG is one of them.
Lower stock price does not indicate lower value or lower capitalisation. Need to multiply by shares outstanding and compare the market cap directly, not comparing share price.
Closing embargo trance was 7.5 mil done against 4,3 mil done at 4.45 for MBB Closing embargo trance was 23 mil done against 12.1mil done at 4.45 for PBB
so someone was exixitng (foreign) and someone was grabbing (local)
i suspect cos of the 2022/2023 probable rate hike by Powell
Foreign buying extends to third week, surges to RM964.3m
(theedgemarkets.com / August 30, 2021 09:42 am +08)
KUALA LUMPUR (Aug 30): Foreign buying of Malaysian equities extended for the third week and surged to RM964.33 million last week, from a paltry RM6.71 million the prior week.
In its weekly fund flow report today, the MIDF Research team said as the market reopened last Monday, foreign investors were net buyers amounting to RM6.7 million.
Meanwhile, it said local institutions bought RM19.16 million net of local equities, with retailers as net sellers to the tune of RM25.86 million.
The research house said foreign investors were net buyers every day of the week.
It said the largest foreign inflow was recorded last Thursday to the tune of RM310.79 million, while the inflow of RM6.7 million last Monday was the smallest.
“As for retailers, they were net sellers every day of the week except on Monday.
“The largest net selling by retailers was recorded last Tuesday and the smallest net selling was on Friday to the tune of RM48.43 million and RM16.88 million respectively.
“Cumulatively, for the week, retailers net sold RM113.96 million worth of equities on Bursa Malaysia,” it said.
MIDF said that meanwhile, local institutions recorded cumulative weekly net selling to the tune of RM850.37 million.
It said local institutions were net sellers every day of the week, with the largest net selling on Thursday to the tune of RM290.41 million.
Since the beginning of 2021, cumulatively, retailers were the only net buyers of the local equity market to the tune of RM9.46 billion.
Local institutions and foreign investors were net sellers to the tune of RM4.46 billion and RM5 billion respectively.
“In terms of participation, retail investors, local institutions and foreign investors recorded weekly movements of -3.82%, 9.89% and 16.82% respectively in average daily trade value (ADTV),” it said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,860 posts
Posted by calvintaneng > 2020-10-22 15:01 | Report Abuse
COMPARE & CONTRAST NAIM 18 SEN DIVIDEND WITH HONG LEONG FINANCIAL GROUP TO SEE THE OVERALL PICTURE, Calvin Tan Research
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-22-story-h1534768792-COMPARE_CONTRAST_NAIM_18_SEN_DIVIDEND_WITH_OTHERS_TO_SEE_THE_OVERALL_PI.jsp